Melcor Real Estate Investment Trust 5 1 Convertible Unsecured Subordinated Debentures T.MR.DB.B

Alternate Symbol(s): T.MR.UN

Real Estate REIT - Diversified

Melcor Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. The Company’s principal business is to acquire, own and manage office, retail, and industrial properties in select markets across Western Canada. Its portfolio consists of interests in approximately 38 properties representing approximately 3.1 million square feet of gross leasable area located Alberta and in Regina, Saskatchewan, and Kelowna, British Columbia. Melcor has approximately five million square feet in planned commercial developments. Its portfolio of properties is located across Canada in various cities, which include Coast Home Centre in Edmonton; Kingsview Market in Airdrie; Birks Building in Edmonton; Capilano Centre in Edmonton; Crowfoot Business Centre in Calgary; Parliament Place in Regina, Melton Building in Alberta, and others. The properties are externally managed, administered and operated by Melcor Developments Ltd. (Melcor).

TSX:MR.DB.B - Post by User

Melcor Real Estate Investment Trust 5 1 Convertible Unsecured Subordinated Debentures > Whoever owned that huge block

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Post by Shirtlessnomoreon Mar 11, 2021 10:49am

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Post# 32772210

Whoever owned that huge block

Around 44k shares has made an enormous blunder, they have now dumped 3/4 of it beginning at 5.40 something. All theyve done is made resistance all the way up, personally I would have set that block at 6.25 and waited for it to hit 6. It would easily be there by now if it wasnt for that block of shares. When it's all gone it's hard to say where this ends up, could be 6.50 - 7.00 is reality. Cheers!

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